Buyers line up for possible bid to buy Cubs from Tribune Co.
CHICAGO (AP) -- A group of 15 investors is lining up financing that would allow it to purchase the Chicago Cubs if the team is put up for sale by its parent, Tribune Co.
Tom Begel, chairman of TMB Industries, said Thursday that he and other investors expect the team to be sold for up to $600 million.
Entire Story Here: LINK
The story of the boardroom drama inside the Tribue Co. has gotten to the point where offers and bids has been communicated to potential buyers - and external media.
Stay tuned, it's going to get a lot worse before it gets better.
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